Market Reports

Unlock 30% off global market reports with code ONLINE30 – get insights on tariff changes, macro trends, and global economic shifts How has the construction machinery grown historically, and what trends indicate future expansion? The construction machinery market size has grown strongly in recent years. It will grow from $335.02 billion in 2024 to $366.89 billion in 2025 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to strong economic growth in emerging markets, the low-interest rate environment, and supportive government initiatives. The construction machinery market size is expected to see strong growth in the next few years. It will grow to $500.64 billion in 2029 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to increasing investments in infrastructure, the growing global construction industry, the increasing urbanization, and the rising population. Major trends in the f...